Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Argentine Peso/Colombian Peso (FOREX:ARSCOP)
Crossroads (-60) - ARSCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARSCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSCOP
The long-term trend has been DOWN since Sep 8th, 2022 at 31.339249
The intermediate-term trend has been UP since Sep 30th, 2023 at 11.618460
The short-term trend has been UP since Sep 30th, 2023 at 11.505640
Smart Scan Analysis for ARSCOP
Based on our trend formula, ARSCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).